Post by account_disabled on Dec 26, 2023 1:58:08 GMT -5
Maybank Kim Eng Group organized INVEST ASEAN 2020 on the topic “Capital on the Recovery from Lockdown” between 4-5 June 2020 in Singapore via ZOOM. Member countries in ASEAN are slowing down their growth. As a result of the spread of the COVID-19 virus, as it is a new emerging disease. Therefore, there is still no one who has invented a vaccine that can prevent infection from COVID-19. This event has a wide impact around the world. Leaders in each country must strategize and find solutions to balance the economy. After the situation began to improve Economists think some sectors will benefit from easing measures. Ready to come together and find a solution after unlocking.
In what direction will C Level Executive List ASEAN move forward? Maybank Kim Eng Group organized an event to gather ideas and opinions on investment in each country. from leading analysts What is your perspective on the topic “Capital on the Recovery from Lockdown”? Singapore - Thilan Wickramasinghe, Head of Research, Maybank Kim Eng (Singapore) said that Singapore has been quite heavily affected by COVID-19, with the number of infected people currently ranked 4th in Asia, causing the government to expect GDP to shrink in the 4th period. -7% this year, but at the same time it is considered to be the country with the highest number of government stimulus policies in the region with a share of 20% of GDP.
The impact is heavy but recovery will be quick from government policies that focus on Employment sector and companies that are mainly directly affected An interesting investment theme is companies with ESG, which was evident during the pandemic. These companies outperform the market. For example, investors have traditionally looked at company profits as important. But in the situation of the COVID outbreak, companies with good ESG levels already have social responsibility in every aspect. There is a tendency to better control disease outbreaks.
In what direction will C Level Executive List ASEAN move forward? Maybank Kim Eng Group organized an event to gather ideas and opinions on investment in each country. from leading analysts What is your perspective on the topic “Capital on the Recovery from Lockdown”? Singapore - Thilan Wickramasinghe, Head of Research, Maybank Kim Eng (Singapore) said that Singapore has been quite heavily affected by COVID-19, with the number of infected people currently ranked 4th in Asia, causing the government to expect GDP to shrink in the 4th period. -7% this year, but at the same time it is considered to be the country with the highest number of government stimulus policies in the region with a share of 20% of GDP.
The impact is heavy but recovery will be quick from government policies that focus on Employment sector and companies that are mainly directly affected An interesting investment theme is companies with ESG, which was evident during the pandemic. These companies outperform the market. For example, investors have traditionally looked at company profits as important. But in the situation of the COVID outbreak, companies with good ESG levels already have social responsibility in every aspect. There is a tendency to better control disease outbreaks.